As the broader crypto market recovered, so did XRP. Several ongoing and potential developments affecting XRP’s price have led market experts to share optimistic predictions for the coin.
After experiencing a drop to $2.39 earlier yesterday, XRP rebounded to reach $2.51 and has held steady near this level over the last 24 hours.
One notable catalyst for market optimism is the U.S. President’s decision to cut tariffs on Chinese imports by about 10 percentage points. This move follows recent trade talks with Chinese President Xi Jinping and is viewed by markets as a sign of easing tensions between the world’s two largest economies.
### XRP Price Prediction: Cup & Handle Setup Eyes $9
Top analyst Jack Rippler recently revealed that XRP appears to be forming a classic cup and handle pattern on the daily chart. The altcoin has spent several months forming the rounded base of the cup, and at the time of writing, the pattern is nearing completion. The handle is creating a tight downward-sloping channel, signaling a potential breakout.
Currently trading around $2.51, XRP holds the potential to reach between $8 and $9. This target is achievable if bulls can pull off a decisive breakout above the current level and push the price past the key resistance at $3.30. The upper target aligns with the height of the cup projected upward.
Additionally, the 200-day moving average continues to curve upward, supporting an overall bullish bias. Momentum remains strong amid a steady expansion of daily trading volumes. Resolving the handle to the upside is likely to cause a sharp price acceleration that could mark the beginning of a new multi-month macro uptrend.
According to Rippler, the upcoming launch of the REAL token on the XRP Ledger (XRPL) could unlock a significant portion of the $650 trillion global real estate market. As real-world assets increasingly migrate to blockchain, XRP’s role as a bridge asset and settlement layer could gain substantial traction.
### $3.30: The Key XRP Price Resistance Level to Watch
Top market analyst EtherNasyonal highlights a fundamental principle of technical analysis: the more a resistance level is tested, the weaker it becomes. His latest XRP/USD chart illustrates this perfectly.
Over the past several years, XRP has respected a wide consolidation range, with major resistance near $3.00 and strong support around $1.90. This zone has served as a battleground between buyers and sellers—a long-term phase of re-accumulation following the explosive rallies and corrections of previous cycles.
What stands out now is the tightening price structure above major support. Bulls have managed to hold ground in recent weeks despite a few pullbacks. This suggests they have absorbed much of the supply, which has further weakened resistance levels.
As EtherNasyonal explains, “When a resistance level is tested more than three times and the price continues to accumulate above strong support, that resistance is destined to break sooner or later.” This description accurately reflects the current chart setup.
For now, bulls are aiming to close above the key resistance at $3.30, which could open the floodgates for a multi-year breakout rally. Breaking this level may transform it into strong support and mark the start of a multi-month macro bullish phase for XRP.
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With a combination of technical setups, improving market conditions, and promising developments like the REAL token launch, XRP could be gearing up for significant gains ahead. Investors will be watching closely to see if the bulls can sustain momentum and push past key resistance levels in the near future.
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